Friday, December 16, 2011

NGO plans to support women candidates

The NGO Globe International is implementing a program to support women candidates in Mongolia’s 2012 parliamentary election.

Civil movement supports teachers’ strike

The civil movement Promise Claiming People’s Union announced its support for the teachers’ strike on Wednesday.

PM meets with aimag governors

The governors of all 21 aimags, the mayor of Ulaanbaatar, and the chairmen of Civil Representative Assemblies met at the Government House on December 15 to discuss the recently ratified 2012 state budget.

Government releases figures on jobs program

The Government declared 2011 a “Year of Employment Support” and asked businesses to create jobs for the unemployed to increase household income.

Meeting looks to the future of Mongolia’s meat exports

A meeting about increasing Mongolia’s meat exports was held at the Mongolian National Chamber of Commerce and Industry on December 13.

MPRP sends note about teachers’ strike to Parliament and Government

The MPRP sent a note about the teachers’ strike to Parliament and the Government on Thursday.

DRAFT AMENDMENT PRESENTED

Ulaanbaatar, Mongolia /MONTSAME/ A group of MPs including J.Sukhbaatar and N.Batbayar submitted on Thursday a draft amendment to the Constitution to N.Enkhbold, the Vice Speaker of parliament.

PM: I KNOW TEACHERS' PROBLEMS

Ulaanbaatar, Mongolia /MONTSAME/ Indeed, the education sphere has several problems, and the cabinet is taking step-by-step measures to tackle them, said S.Batbold PM.

TS.NYAMDORJ HOLDS NEGOTIATIONS WITH CHINESE COUNTERPART

Ulaanbaatar, Mongolia /MONTSAME/ The Minister of Justice and Internal Affairs Ts.Nyamdorj held on December 12 in Beijing negotiations with Meng Jianzhu, the Minister of the Public Security of the People's Republic of China.

MONGOLIA WILL ATTEND "EXPO 2012 YEOSU"

Ulaanbaatar, Mongolia /MONTSAME/ Related sides concluded early December an official contract on Mongolia's attending the "Expo 2012 Yeosu" exhibition.

LONG-WAITED REVISED LAW ON ELECTION PASSED

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the State Great Khural (parliament) passed the draft amendment to the law on election. This has happened after about three years of discussing.

CABINET TO DISCUSS REQUIREMENTS OF TRADE UNIONS

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet discussed on Friday the governmental guidelines in frames of the requirements put by the Mongolia's Trade Unions (MTU) and other unions, and made some decisions.

Clarification on Electoral Law

So, in my haste to share information quickly, I got some aspects of the revisions to the electoral law wrong this morning.

Impact of Revised Electoral Law on Parliamentary Election Outcome

It seems that the revisions to the electoral law yesterday brought three main changes:

Green Party to make announcements

The Green Party (GP) has scheduled a press conference on Friday to make several announcements.

Rio’s Timely Antidote To Poison Pill

Rio Tinto has won out against billionaire Robert Friedland’s attempts to ensure any unwanted move on his Ivanhoe Mines sparks a bidding war. Just don’t expect Rio to rush a takeover.

Inner Mongolia's Coal Output Reaches 907.96 Million Metric Tons in First 11 Months of 2011, Up 26.6% from Last Year

Inner Mongolia's Coal Output Reaches 907.96 Million Metric Tons in First 11 Months of 2011, Up 26.6% from Last Year.

Oyu Tolgoi signs major deal for advanced training simulators

Ulaanbaatar, Mongolia (ot.mn) – Oyu Tolgoi, the gold and copper mine under development in the South Gobi, has underlined its commitment to training its workforce to world’s best standards by investing in simulator-based operator training technology provided by Immersive Technologies.

Mongolia issues 107 uranium exploration licenses

According to the Nuclear Energy Authority, 107 uranium exploration licenses have been issued in Mongolia so far.

Parliament discusses oil policy, refinery construction

Parliament on Thursday discussed the state’s oil sector policy through 2015 and approved further discussion.

Striking teachers, Government still negotiating

Kindergarten and secondary school teachers who have been on strike since December 12 are still in negotiations to end the strike.

UB RAILWAY JOINT VENTURE BECOMES UIC MEMBER

The Ulaanbaatar Railway Mongolia-Russia joint venture has become an official member of the International Union of Railways (UIC).

PHOTO EXHIBITION TELLS ABOUT MONGOLIA UN HISTORY

Dedicated to the 50th anniversary of Mongolia's joining the UN, a "Cooperation of Mongolia and UN for 50 years" photo exhibition opened on December 9 in the UN office in New-York, the USA.

How producers can escape the curse of crude

Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate.

Push for alcohol-free events cuts expenses in half

It’s been a year since President Ts. Elbegdorj initiated the “Forward, to an Alcohol-Free Mongolia” campaign.

Unhealthy insurance

Ever since Mongolia had a transition to free-market economy, the government of Mongolia has been making amendments to the law on health insurances every four years and today’s government is rushing to make changes to this law as well.

Patch Whiz Kid of the Week: Jameson Achuff

This week, Marple Newtown Patch highlights Episcopal Academy junior Jay Achuff for his big act of volunteering with a medical team to help deliver medical supplies and aid in heart surgeries to Mongolian children.

Mongolia Passes New Election Law

The State Great Khural, Mongolia's parliament, passed a measure Thursday to revise the country's election system.

Thursday, December 15, 2011

Exhibit celebrates centennial of National Freedom Revolution

An exhibit celebrating the centennial of the National Freedom Revolution opened at the National Museum on Tuesday.

History of diplomatic corps is subject of conference

In connection with the 100th anniversary of the founding of Mongolia’s diplomatic service on December 29, the Ministry of Foreign Affairs and Trade is holding a conference examining the history of the service on December 15.

President’s Office updates anti-alcohol campaign

D.Battulga, the head of the President’s Office, updated journalists on the office’s work on Wednesday.

Standing Committee approves amendments to Criminal Law

The Standing Committee on Justice discussed proposed amendments to the Criminal Law on Wednesday.

Officials sign agreement on reforms

Government officials and the Swiss Agency for Development on Wednesday signed a memorandum of cooperation to improve governance.

CW-GP says it supports teachers’ strike

The Civil Will-Green Party (CW-GP) issued a note on Wednesday saying the party supports teachers who have been on strike since December 12.

Health workers join teachers’ strike

Confederation of Trade Unions President S.Ganbaatar told journalists on Wednesday that health care workers have joined the teachers’ strike, and police and employees of arts and cultural organizations may join as well.

Mongolians shine at international opera competition

Five opera singers from Mongolia qualified for the second round of the 24th International Vocal Contest named after the Russian composer Mikhail Glinka, which was held in Moscow from December 3 to 14.

PM meets with representatives of striking teachers

Prime Minister S.Batbold received representatives of the Trade Union of Education, Culture and Science at 6 p.m. on Wednesday.

Standing Committee approves draft law on social welfare

The Standing Committee on Social Policy, Education, Culture and Science discussed a draft law on social welfare for the first time on Wednesday.

Livestock count underway

The state is counting livestock from December 9 to 20. The Ministry of Food, Agriculture and Light Industry and the National Statistics Committee are organizing the count.

HEALTH MINISTRY RECEIVES MEDICINES AND MASKS

Ulaanbaatar, Mongolia /MONTSAME/ The Ambassador of Japan to Mongolia Mr. Takenori Shimizu attended on Monday a ceremony of handing over 10,560 courses of Tamiflu (Oseltamivir) and 2,160 N95 masks to the Ministry of Health. Costing USD 220,000, these were received by a Vice Minister of Health Dr Tsolmon.

AMBASSADOR MEETS CTBTO PREPARATORY COMMISSION'S SECRETARY

Ulaanbaatar, Mongolia /MONTSAME/ A delegation led by J.Enkhsaikhan, the Ambassador Extraordinary and Plenipotentiary of Mongolia to Austria, has shared views with Tibor Tyth, the Executive Secretary of the Preparatory Commission for the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) on developing the bilateral relations and cooperation.

FOREIGN MINISTRY TO RUN SCIENTIFIC CONFERENCE

Ulaanbaatar, Mongolia /MONTSAME/ On occasion of the 100th anniversary of contemporary diplomatic service of Mongolia, the Ministry of Foreign Affairs will organize a scientific conference themed "Contemporary diplomatic service of Mongolia--100 years" on December 15.

UB RAILWAY JOINT VENTURE BECOMES UIC MEMBER

Ulaanbaatar, Mongolia /MONTSAME/ The Ulaanbaatar Railway Mongolia-Russia joint venture has become an official member of the International Union of Railways (UIC).

PRESIDENT GIVES REPORT AT SUB-MEETING

Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj together with a professor Christian Welzer, a president of the World Values Surveys, have delivered reports at a sub-meeting called "Role of the education of democracy in understanding of common basis between democracy and civilizations".

MONGOLIA, SWITZERLAND AND GOOD GOVERNANCE

Ulaanbaatar, Mongolia /MONTSAME/ A cooperation memorandum has been established in frames of a cooperation in realizing a program on supporting governance and slackening a centralization.

Don’t count Ivanhoe out yet

As Rio Tinto takes a victory lap in the international press over an arbitrator’s decision in a lengthy dispute over its Ivanhoe stake, Ivanhoe Minerals hasn’t conceded defeat.

TS.ELBEGDORJ: WE WANT TO STUDY EXPERIENCE OF QATAR

Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj has underlined that the Qatari great experience in development, gained thanks to right distribution of revenues from natural reserves, is a good example for Mongolia.

Coal demand to grow by 600 000 t/d over next five years, IEA warns

Global coal demand will continue to expand “aggressively” over the coming five years, the International Energy Agency’s (IEA’s) inaugural ‘Medium-Term Coal Market Report 2011’ states, while also warning that infrastructure bottlenecks and an expected shift to poorer quality deposits could place upward pressure on costs and prices.

Mongolia’s new electoral law

The parliament of Mongolia has passed a new electoral law. If the Constitutional Court would not veto it, the next parliamentary election in 2012 will be organized under a mixed voting system.

Banking jobs: the next steppe

Made redundant in the City? Down-sized in New York? Fed up in Frankfurt? The Golomt Bank of Mongolia has just the job for you.

FeOre trades above IPO on first day, eyes first rail haulage of Mongolian iron ore within two years

FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has performed well in its first hour of public life on the ASX with shares changing hands above it’s A$0.25 IPO price.

MICROCAPITAL BRIEF: Incofin Lends $6m to Microfinance Institutions Vision Banco of Paraguay, Lazika Capital of Georgia, Credit Mongol of Mongolia, Forus Bank of Russia

Belgian company Incofin Investment Management (Incofin IM) has disbursed loans through microfinance investment funds it manages to four microfinance institutions (MFIs):

RENAC’s Global Education Project Supports the Development of Sustainable Energy Supplies in Mongolia

BERLIN--(BUSINESS WIRE)--This week, with the support of the German Federal Foreign Office, public and private representatives from Mongolia's energy sector dealing with renewable energy and energy efficiency met educational specialists from Germany's Renewables Academy (RENAC) in Ulaanbaatar to define training needs along the value chains.

What Investors Should Know About Uranium In Mongolia

The real quantity of Mongolia's natural resources cannot yet be know.

Asia Pacific Properties JSC Commences Trading on the Mongolian Stock Exchange

APP announces its listing intentions and assets being injected

Why Ivanhoe, Rio Tinto Are So Keen On Mongolia

It has been said that the best place to look for a new mine is next to an existing mine. -- Harris Kupperman, Mining Services Primer, Nov. 10, 2009.

Entree Intersects Gold on Its 100%-Owned Shivee West Property, Mongolia

VANCOUVER, BRITISH COLUMBIA, Dec 14, 2011 (MARKETWIRE via COMTEX) -- Entree Gold Inc. CA:ETG -9.17% EGI -5.36% (frankfurt:EKA) ("Entree" or the "Company") recently completed its 2011 exploration program on the Company's 100%-owned portion of the Shivee Tolgoi mining licence ("Shivee West") in Mongolia.

Wednesday, December 14, 2011

B.Batjargal: Development Bank to finance railroad projects first

B.Batjargal, the head of the Budget Policy Board of the Finance Ministry and the head of the Representative Managing Council of the Development Bank (DB), answered our correspondent’s questions about the DB’s recent activity.

Standing Committee discusses draft election law

On Tuesday, the Standing Committee on State Structure discussed a draft election law after the MPP and DP caucuses reached an agreement on the proposal.

MPRP establishes Women’s Union

The MPRP recently established a Women’s Union, and members have announced the results of their first assembly.

Mayor meets with prominent American lawyer

Mayor G.Munkhbayar received the American lawyer Jonathan Greenberg on Tuesday.

Standing Committee discusses diplomatic relations

On Tuesday, the Standing Committee on Security and Foreign Policy discussed establishing diplomatic relations with Malawi, South Sudan, and Samoa.

Officials discuss meat exports

A meeting about increasing Mongolia’s meat exports was held at the Mongolian National Chamber of Commerce and Industry on Tuesday.

Standing Committee discusses draft law on food

The Standing Committee on Nature, Environment and Agriculture discussed a draft law on food on Wednesday.

TOTAL INDUSTRIAL OUTPUT INCREASES

Ulaanbaatar, Mongolia /MONTSAME/ In the first 11 months of 2011, the total industrial output increased by MNT 175.4 billion or 10.4 per cent to MNT 1,860.9 billion, at the 2005 constant prices, against the previous year.

SPEAKER RECEIVED BY JAPANESE EMPEROR

Ulaanbaatar, Mongolia /MONTSAME/ Paying an official visit to Japan, the Parliament Speaker of Mongolia D.Demberel has been received by His Highness Akihito, the Emperor of Japan, and the Empress Michiko.

EXTERNAL TRADE TURNOVER REACHES USD 10,271.2 MILLION

In the first 11 months of 2011, Mongolia traded with 123 countries from all over the world, and total external trade turnover reached USD 1,0271.2 million, of which exports made up USD 4,303.9 million and imports made up USD 5,967.3 million.

Rio Allowed to Maintain Ivanhoe Stake, Arbitrator Decides

Ivanhoe Mines Ltd., building the Oyu Tolgoi in mine in Mongolia with its largest shareholder Rio Tinto Group (RIO), said an arbitrator ruled in favor of Rio in a dispute about its holding.

Chinese locomotives exported to Mongolia

CNR Dalian has completed five 1520 mm gauge diesel locomotives for export to Mongolia, its second delivery to the country.

Mongols, Kazakhs display their skills

Al Ain: It was a rare scene at the falconry festival as a horse-mounted Mongol sprinted across the Arabian desert with a mighty brown eagle perched on his wrist.

Don’t count Ivanhoe out yet

As Rio Tinto takes a victory lap in the international press over an arbitrator’s decision in a lengthy dispute over its Ivanhoe stake, Ivanhoe Minerals hasn’t conceded defeat.

Prime Minister welcomes foreign guests

Prime Minister Nguyen Tan Dung received US Deputy Secretary of State William Burns and Secretary of the Mongolian National Security Council (MNSC) Tsagaandari Enkhutuvshin in Hanoi on Dec. 13.

U.S. anxious to secure nuclear waste disposal site as China emerges on scene

As the world shifts away from the business of recycling plutonium-based nuclear fuel, the construction of facilities to handle nuclear waste remains a nagging issue.

FeOre aims for first rail haulage of Mongolian iron ore within two years, admitted to the ASX

FeOre (ASX: FEO), a Mongolia-focused iron ore explorer, has been admitted to the ASX today following a successful initial public offer of up to 140 million shares at A$0.25 to raise up to $35 million.

Japan, Mongolia agree to accelerate talks for free trade deal

TOKYO (Kyodo) -- Japanese Prime Minister Yoshihiko Noda and visiting Mongolian parliament speaker Damdin Demberel agreed Tuesday to accelerate efforts to start talks toward a free trade agreement, the Foreign Ministry said.

China, Mongolia pledge closer law-enforcement cooperation

BEIJING, Dec. 13 (Xinhua) -- Chinese State Councilor and Minister of Public Security Meng Jianzhu held talks Tuesday with his Mongolian counterpart and pledged to enhance cooperation on law enforcement between the two countries.

PM welcomes US, Mongolian officials

HA NOI — Prime Minister Nguyen Tan Dung separately received US Deputy Secretary of State William Burns and Secretary of the Mongolian National Security Council Tsagaandari Enkhutuvshin in Ha Noi yesterday.

Rio Tinto Doesn't Plan Ivanhoe Bid After Arbitration Ruling

Dec. 13 (Bloomberg) -- Rio Tinto Group, the world's third- biggest mining company, said it won't seek full control of Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute.

Tuesday, December 13, 2011

Mayor’s Office preparing meat reserve

The Food, Trade and Service Department of the Mayor’s Office is making preparations for this winter’s meat reserve.

President meets with UN Secretary General

While attending the fourth annual forum of the United Nations Alliance of Civilizations in Doha, President Ts.Elbegdorj met with UN Secretary General Ban Ki-moon on Monday.

Exhibit of small- and middle-sized business to be held

The Office of Small and Middle Enterprise is organizing an exhibit at Independence Square in February 2012.

Speaker D.Demberel meets with officials in Japan

Speaker D.Demberel is visiting Japan at the invitation of the Speaker of Japan’s House of Councilors.

MNT 34 billion in anti-pollution money goes unspent

The National Committee of Ulaanbaatar Air Pollution Reduction held its regular meeting on Monday and officials discussed implemented projects.

Mongolian-made bus makes its debut

On Tuesday, Ulaanbaatar city officials received the first bus designed by Mongolian engineers.

Ch.Saikhanbileg: MPP and DP caucuses close to agreement

DP caucus chairman Ch.Saikhanbileg told our correspondent that the DP and MPP caucuses are close to an agreement on a disputed issue of the draft election law.

MONGOLIA ESTABLISHES AGREEMENT WITH GERMANY

Ulaanbaatar, Mongolia /MONTSAME/ An intergovernmental agreement on the cooperation in the defense sector has been established between Mongolia and the Federal Republic of Germany (FRG).

JAPAN AMBASSADOR GIVES RECEPTION

Ulaanbaatar, Mongolia /MONTSAME/ In conjunction with the 78th birth anniversary of His Imperial Majesty the Emperor, the Embassy of Japan in Mongolia has given a reception in the "Ikh tenger" complex.

CONSULTATIVE MEETING HELD BETWEEN MONGOLIA AND INDONESIA

Ulaanbaatar, Mongolia /MONTSAME/ Attending the Bali Democratic Forum, held on December 8-9 in Indonesia, a special representative and ambassador of Mongolia S.Badral has held a bilateral consultative meeting with A.M.Fakir, a director of the Information and Public Diplomatic Department of the Indonesian Foreign Ministry, and another official from this department Kusuma Habir.

MONGOLIA TO COOPERATE WITH POLAND IN REGIONAL DEVELOPMENT

Ulaanbaatar, Mongolia /MONTSAME/ The National Development and Innovation Committee of Mongolia and Poland's Ministry of Regional Development established a memorandum of mutual understanding on regional cooperation on December 9 in Warsaw, Poland.

TS.ELBEGDORJ MEETS WITH HIS AUSTRIAN COUNTERPART

Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj met on Monday Mr. Heinz Fischer, the president of the Republic of Austria and shared views on the bilateral relations and cooperation, at the 4th forum of United Nations Alliance of Civilizations (UNAOC) in Doha, Qatar.

Opening of Rare Antique Exhibition

An exhibition celebrating the 100th anniversary of the Outer Mongolian Revolution of 1911 opened it’s doors to the general public today in the National Museum.

S.BATBOLD: BALI DEMOCRACY FORUM MEETS CD'S GOALS

The Prime Minister of Mongolia S.Batbold has underlined that Mongolia is adhering to priorities such as a supporting civil society organizations, widening the regional cooperation, and sharing experience with nations by making the education a core topic as for chairing the Community of Democracy (CD).

Specialist discusses South Gobi water issues

M.Choisuren, the Water Office’s water monitoring specialist, recently spoke about water issues affecting the South Gobi region.

Rio Tinto wins fight against Ivanhoe poison pill

An arbitrator cleared the way for mining giant Rio Tinto to take over Ivanhoe Mines , saying the $16 billion Canadian group’s “poison pill” defence was not valid.

Ivanhoe receives ruling in Rio dispute

Ivanhoe Mines Ltd said it received a ruling on an arbitration dispute with Rio Tinto , its largest shareholder, which will allow it to keep a shareholders’ rights plan in place until 2013.

Rio Allowed to Maintain Ivanhoe Stake, Arbitrator Decides

Ivanhoe Mines Ltd., building the Oyu Tolgoi in mine in Mongolia with its largest shareholder Rio Tinto Group (RIO), said an arbitrator ruled in favor of Rio in a dispute about its holding.

Rio wins Ivanhoe legal stoush

Rio Tinto has won a legal stoush with its hostile joint venture partner Ivanhoe Mines, after an arbitration decision was handed down overnight.

Mongolia's Golomt Bank selects BPC for ATM network management

The Bank is the largest player with the highest number of card merchants and the widest card acceptance in the Mongolian payments card sector and leads with a 60% market share of card transactions.

European Goldfields Gains After Report of Centerra Approach

European Goldfields Ltd. (EGU), a metals explorer and mine developer with projects in Greece, Romania and Turkey, reached the highest price in five months after Centerra Gold Inc. (CG) reportedly expressed interest in the company.

Southeast Asia green tourism steps forward in Seoul

SEOUL -- Tourism chiefs from Southeast Asia and Mongolia have completed a project in South Korea to boost green travel in their countries.

Canadian Stocks Decline as Moody’s Plans Review of EU Ratings

Dec. 12 (Bloomberg) -- Canadian stocks fell, sending the country’s benchmark stock index to its lowest level this month, as commodity shares dropped after Moody’s Investors Service said it will review its ratings on all European Union countries.

ADB Funded Road Program to Spur Growth, Development in West Mongolia

MANILA, PHILIPPINES – The Asian Development Bank (ADB) has approved a financing facility of up to $170 million for road improvements along a transport corridor in western Mongolia that will help reduce the region’s isolation and spur development in one of the country’s poorest areas.

MONGOLIA: Cashmere group Gobi JSC to upgrade production

Mongolian cashmere and garment group Gobi JSC is to invest in new equipment to improve the quality of its products and increase production capacity.

Monday, December 12, 2011

President Ts.Elbegdorj visits Qatar

President Ts.Elbegdorj is visiting Qatar from December 10 to 12. During his visit, Ts.Elbegdorj will take part in the fourth annual forum of the United Nations Alliance of Civilizations in Doha.

Education Ministry, Oyutolgoi announce results of cooperation

The Ministry of Education, Culture and Science and Oyutolgoi LLC held a meeting on December 10 to announce the results of a memorandum of cooperation the two sides signed more than a year ago.

Defense minister visits Czech Republic

Defense Minister L.Bold visited the Czech Republic on December 9 to meet with his Czech counterpart, A. Vondra.

Ch.Saikhanbileg: Draft election law could pass soon

After a meeting of the DP caucus on Monday, caucus chairman Ch.Saikhanbileg told journalists that the caucus hopes the draft election law will be passed this week.

PRESIDENT TO CHAIR UNAOC MEETING IN QATAR

Ulaanbaatar, Mongolia /MONTSAME/ The President of Mongolia Ts.Elbegdorj will chair a meeting titled "Role of the education of democracy in understanding common basis between democracy and civilizations".

ENVIRONMENT MINISTER AT DURBAN CONFERENCE

Ulaanbaatar, Mongolia /MONTSAME/ Representing the government of Mongolia, the Minister of Environment and Tourism L.Gansukh has expressed a position of Mongolia at the United Nations Climate Change Conference kicked off on December 6 in Durban, the South Africa.

UNEMPLOYMENT, INSURANCE AND HDF IN FIGURES

Ulaanbaatar, Mongolia /MONTSAME/ The number of unemployed reached 62.7 thousand at the end of November, 2011, reflecting an increase of 22.1 thousand people or 54.4 per cent against the previous year.

NAT'L CONSUMER PRICE INDEX IN STATISTICS

Ulaanbaatar, Mongolia /MONTSAME/ The national consumer price index in November, 2011 increased by 1.3 per cent compared to the previous month; increased by 8.1 per cent against December 2010; increased by 10.8 per cent against the previous year.

BANK OF MONGOLIA REPORTS

Ulaanbaatar, Mongolia /MONTSAME/ According to the Bank of Mongolia, a money supply (broad money or M2) at the end of November 2011 reached MNT 6,133.7 billion, increase MNT 45.4 billion or 0.7 per cent against the previous month, and by MNT 2,194.1 billion or 55.7 per cent against the previous year.

Indonesian President to Visit Mongolia

The IV Democracy Forum is underway in the Bali island of the Republic of Indonesia.

China iron ore demand to reach 1.13 billion tons by 2015

China Knowledge reports according to China’s new steel industry blueprint for its 12th 5-year Plan estimates it could go as high as 1.13 billion tonnes over the next three years:

Mining: To buy or to build?

Large mining companies are generating so much cash that a new round of consolidation would, by the standards of the industry’s pre-2008 cycle, seem likely.

Coal Industry Future: Answers May Lie In The Past

Futuristic projects designed to capture carbon from coal-burning industries and store it underground have failed, the two largest consumers of the fuel, the United States and China, hope answers to limiting emissions blamed for global warming lie in the past.

No uranium rebound in the near term: Resource Capital Research

Resource Capital Research detects some life in the uranium sector, namely acquisition plays for Hathor Exploration and Extract Resources, but overall sector performance will remain poor for the first quarter of 2012.

Mongolia Inv (00402) to buy Sinbo Investment

(Infocast News) Mongolia Investment Group (00402) (MIGL) has entered into a memorandum of understanding for the acquisition of Sinbo Investment Limited, which is principally engaged in the business of aerial photography, aviation and aerospace remote sensing image data processing, provision of geographic information system (GIS) software and solutions.

Escaping the oil curse

Libyans have a new lease on life, a feeling that, at long last, they are the masters of their own fate.

Development Bank to Test Global Debt Market

While the reach nations of the European Union heed warnings about the potential collapse of their market for sovereign debt, Mongolia is going to tap the global debt market.

A look at the XV Annual Conference of United Association for Mongolian Journalists

On December 10, the XV Annual Conference of the United Association for Mongolian Journalists was held.

Officials visit Mongolia to monitor human rights

In connection with Human Rights Day on December 10, Christer Telin of the United Nations Human Rights Committee and Patrick Mutzenberg of the NGO Center for Civil and Political Rights are in Mongolia to monitor implementation of UN recommendations made at a 2010 UN Human Rights Committee meeting in New York.

Saturday, December 10, 2011

OSCE APPRECIATES MONGOLIA'S REQUEST

Ulaanbaatar, Mongolia /MONTSAME/ The 18th Meeting of the OSCE Ministerial Council considered on Wednesday a request of Mongolia (partner for cooperation) on forwarding a cooperation level and accepted it in principle.

ABOUT TRAINING FOR EXTERNAL COOPERATION OFFICERS

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the Law and Treaty Department of the Ministry of Foreign Affairs organized a seminar for external cooperation officers and experts of state agencies and ministries.

PRESIDENT VISITS MUSEUM OF ISLAMIC CULTURE

Ulaanbaatar, Mongolia /MONTSAME/ On Thursday, the President Ts.Elbegdorj got acquainted with rare collections, including items related to the Mughal Empire, in the Museum of Islamic Art of Kuwait.

PRESIDENT OF INDONESIA RECEIVED BATBOLD PM

Ulaanbaatar, Mongolia /MONTSAME/ The Indonesian President Susilo Bambang Yudhoyono has pointed out that Mongolia and Indonesia can cooperate in the fields of mining, energy, agriculture and small- and middle-sized productions.

Ivanhoe to build Oyu Tolgoi power plant by 2017

LONDON -(MarketWatch)- Ivanhoe Mines Ltd will need to build a new power plant by the summer of 2017 as part of its agreement with the Mongolian government to develop the country's massive Oyu Tolgoi copper-and-gold deposit.

Friday, December 9, 2011

SSIA monitors drug factories

The State Specialized Inspecting Agency (SSIA) recently inspected pharmaceutical plants, medical supply companies, and pharmacies.

DP program offers free legal advice

The DP is organizing a program called “Mongol Citizens and Lawyers” in connection with the party’s “Mongol Citizens with Freedom” program.

Officials visit Mongolia to monitor human rights

In connection with Human Rights Day on December 10, Christer Telin of the United Nations Human Rights Committee and Patrick Mutzenberg of the NGO Center for Civil and Political Rights are in Mongolia to monitor implementation of UN recommendations made at a 2010 UN Human Rights Committee meeting in New York.

Mongolia and Germany to cooperate on defense issues

During his visit to Germany, Defense Minister L.Bold signed an intergovernmental agreement to cooperate with Germany on defense issues.

Parliament discusses draft law on presidential election

Parliament on Thursday discussed a draft law on the presidential election for the first time.

Mongolian official chairs session

The second session of the Committee on Macroeconomic Policy, Poverty Reduction and Inclusive Development of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) is being held in Bangkok from December 7 to 9.

KUWAIT INVESTMENT AUTHORITY WANTS TO MAKE INVESTMENTS

Ulaanbaatar, Mongolia /MONTSAME/ Kuwait has a big aspiration to make investments to Mongolia, especially in the fields of infrastructure, mining and agriculture.

PARLIAMENTARY DELEGATION VISITS GERMANY

Ulaanbaatar, Mongolia /MONTSAME/ A head of the Mongolia-Germany group at the State Great Khural D.Terbishdagva has exchanged views with Mrs. Petra Pau, a vice president of the Bundestag on activating the inter-parliamentary relations.

PRESIDENT WANTS TO BOOST AGRICULTURAL COLLABORATION WITH KUWAIT

Ulaanbaatar, Mongolia /MONTSAME/ On Wednesday, the President Ts.Elbegdorj exchanged views on widening the Mongolia-Kuwait trade cooperation with Mrs. Amani Buresli, the Kuwait Minister of Commerce and Industry.

S.BATBOLD: BALI DEMOCRACY FORUM MEETS CD'S GOALS

Ulaanbaatar, Mongolia /MONTSAME/ The Prime Minister of Mongolia S.Batbold has underlined that Mongolia is adhering to priorities such as a supporting civil society organizations, widening the regional cooperation, and sharing experience with nations by making the education a core topic as for chairing the Community of Democracy (CD).

D.Demberel pays official visit to Japan

D.Demberel, Speaker of the Parliament will pay an official visit to Japan with an invitation from the Speaker of Japan’s house of Councilors.

Statement by Prime Minister Sukhbaatar Batbold at the Bali Democracy Forum IV

Your Excellency President Susilo Bambang Yudhoyono

Prime Minister leaves for Indonesia to take part in Democracy Forum

The Prime Minister S.Batbold left on Wednesday for Indonesia to take part in the 4th Bali Democracy Forum (BDF) to run December 8-9 at the Bali International Convention Center.

Peabody buys stake in Chinese coal logistics company

Peabody Energy Corp. said it has purchased a 5.1 percent stake in China's Winsway Coking Coal Holdings Ltd. through a series of purchases on the Hong Kong Stock Exchange.

B.Ariunsan: There will be no fuel shortage

The Government recently decided to create a 15-day, MNT 5 billion reserve of gasoline to be used in case of a fuel shortage or price increase.

Monvest Aims to be First Mongolian Company to List on Frankfurt Stock Exchange - Salans Appointed Listing Partner

Monvest Inc., an entertainment, leisure and travel (ETL) company that operates the National Lottery of Mongolia, is in line to become the first Mongolian enterprise to do a primary listing on the Deutsche Börse's Frankfurt Stock Exchange (FWB).

Thursday, December 8, 2011

President’s Office appeals for alcohol-free New Year

With the New Year holiday fast approaching, the President’s Office has written to numerous state officials, asking them to intensify the president’s “Together for Mongolia without Alcohol” campaign.

Outsourcing center to be built

On Wednesday, the Standing Committee on Security and Foreign Policy discussed a proposed 25-year, USD 20 million loan from the Indian government to the Mongolian government to build an outsourcing center.

Speaker urges speedy action on draft election law

Speaker D.Demberel met with MPP caucus chairman U.Enkhtuvshin and DP caucus chairman Ch.Saikhanbileg on Wednesday.

President continues official visit to Kuwait

President Ts.Elbegdorj met with the Managing Director of the Kuwait Investment Authority (KIA), Bader Mohammed Al-Sa’ad, on Wednesday.

Court says two laws violate Constitution

The Constitution Court met on Wednesday and ruled that some provisions of the law on social insurance and the law on taxation violate the Constitution. Parliament passed both laws in 2007.

Government passes plan to protect children

Chief of the Organization for Children D.Altai informed journalists on Thursday that the organization will implement the Government’s plan to protect children.

MONGOLIA ESTABLISHES DIPLOMATIC RELATIONS WITH TWO COUNTRIES

Ulaanbaatar, Mongolia /MONTSAME/ Mongolia has established the diplomatic relations with the Union of the Comoros and Tuvalu.

Prime Minister leaves for Indonesia to take part in Democracy Forum

The Prime Minister S.Batbold left on Wednesday for Indonesia to take part in the 4th Bali Democracy Forum (BDF) to run December 8-9 at the Bali International Convention Center.

Prosecutor orders further review of events of July 1, 2008

State Prosecutor General D.Dorligjav has ordered additional investigation into the events of July 1, 2008, which resulted in the deaths of five people.

First Lady Kh.Bolormaa receives retired Erdenet geologists

Retired Erdenet Factory geologists who explored Erdenetiin Ovoo, helped set up a copper reserve, and took part in establishing the factory recently met in Ulaanbaatar.

Mongolia aspires for OSCE membership: FM

ULAN BATOR, Dec. 7 (Xinhua) -- Mongolia wants to become a member of the Organization for Security and Cooperation in Europe (OSCE), local media on Wednesday quoted Foreign Minister Gombojav Zandanshatar as saying.

AMBASSADOR OF FRANCE AWARDED A MONGOLIAN TITLE

The title of Foremost Cultural Worker of Mongolia has been bestowed upon Mr. Jean-Paul Dumont, the Ambassador extraordinary and plenipotentiary of France to Mongolia.

Economic ties of Mongolia and Kuwait to be widened

President Ts.Elbegdorj is continuing his official visit to Kuwait. The purpose of the visit is to hold talks to widen economic ties between the two countries.

Mongolia: Connecting for growth

Mongolia’s government has marked this year’s 90th anniversary of its telecommunications sector by pledging new ICT services in health, the transport system and emergency management.

Russians AND THEIR NEIGHBOURS still struggling to end authoritarianism?

In a post to the Globe & Mail’s Worldview blog, Mark Mackinnon wrote about neo-Soviet experiments in Belarus, Russia and Ukraine.

Canada Mongolia Roundtable finally happened

Earlier this year, two scheduled attempts to make the Canada-Mongolia roundtable happen failed.

Peabody buys stake in Chinese coal importer

(AP) ST. LOUIS — Peabody Energy Corp., the world's biggest private-sector coal company, said Wednesday that it bought a 5.1 percent stake in a Chinese coal importer.

Baird plugs religious freedom office, Mongolia, vilifies Belarus at OSCE meeting

What It Means: Foreign Minister John Baird was at the Organization for Security and Co-operation in Europe, an organization that is struggling to establish its legitimacy as a forum for freedom and democracy in Europe, particularly the eastern part of the continent.

bd’s Mongolian Grill names new pres

Joe Phraner has been named president and chief operating officer of bd’s Mongolian Grill, effective in January, the company said Wednesday.

Mongolia Growth Group Ltd. Publishes November 2011 Monthly Letter to Shareholders

Calgary, Alberta CANADA, Dec 07, 2011 (Filing Services Canada via COMTEX) -- Mongolia Growth Group Ltd. (YAK - CNSX),is pleased to announce the release of its November 2011 letter to shareholders.

Wednesday, December 7, 2011

Employment program reports 68,071 hires

The Government says 68,071 people were hired through its “Employment Support Year – 2011” program through the end of November, including some 29,000 women.

Standing Committee discusses criminal law amendment

On Tuesday, the Standing Committee on Justice discussed a proposed amendment to the criminal law, which has been submitted by a group of MPs headed by Z.Enkhbold.

Nine Mongolians qualify for 2012 London Olympics

Nine Mongolian athletes have earned spots in the 2012 London Olympic Games.

Economic ties of Mongolia and Kuwait to be widened

President Ts.Elbegdorj is continuing his official visit to Kuwait. The purpose of the visit is to hold talks to widen economic ties between the two countries.

G.Zandanshatar takes part in OSCE meeting

The 18th annual ministerial consul meeting of the Organization for Security and Cooperation in Europe (OSCE) is being held in Vilnius, Lithuania on December 6 and 7.

Mongolia establishes diplomatic relations with Comoros, Tuvalu

In connection with this year’s centennial of the establishment of Mongolia’s diplomatic service, the Ministry of Foreign Affairs and Trade is working to establish diplomatic relations with United Nations member countries that Mongolia does not yet have diplomatic relations with.

NATIONAL PARTY OF LABOR REGISTERED

Ulaanbaatar, Mongolia /MONTSAME/ On Monday, the Supreme Court of Mongolia discussed a request put by T.Enkhbayar on registering the National Party of Labor (NPL) and then listed it as a new political party.

RULE OF NAT'L COUNCIL OF EMPLOYMENT APPROVED

Ulaanbaatar, Mongolia /MONTSAME/ The cabinet approved on Tuesday the rule of the National Council of Employment (NCE).

CABINET MEETING IN BRIEF

Ulaanbaatar, Mongolia /MONTSAME/ On Tuesday, the cabinet discussed results of participation of the First Deputy Premier N.Altankhuyag in the 10th session of the Shanghai Cooperation Organization (SCO) Prime Ministers' Council held November 7, 2011 in Saint Petersburg city, Russia.

TS.ELBEGDORJ MEETS KUWAIT FUND'S DIRECTOR-GENERAL

Ulaanbaatar, Mongolia /MONTSAME/ The President Ts.Elbegdorj received on Tuesday Abdulwahab Al-Bader, the director-general of the Kuwait Fund for Arab Economic Development (KFAED).

DP to observe historic anniversaries

The DP is observing the anniversaries of two historic events in the party’s history this month.

ABOUT CREATING OIL RESERVE

Accordingly to the cabinet decision made on Tuesday, five billion togrog will be allotted from the risk fund with aim to provide the public transport with 15-day fuel.

"ERDENES OYUTOLGOI" COMPANY SET UP

The cabinet made on Tuesday a decision to found the "Erdenes Oyutolgoi" state-owned LLC as an associate company of the "Erdenes MGL" company.

Just Agro sets precedent for food standards

Just Agro LLC has introduced global food safety standards for the first time in Mongolia.

Kuwait, Mongolia sign MoU on investment opportunities

KUWAIT, Dec 6 (KUNA) -- In the presence of visiting Mongolian President Tsakhia Elbegdorj, Kuwait and Mongolia signed on Tuesday a Memo of Understanding (MoU), aiming at boosting investment projects.

29th Generation Descendant of Genghis Khan Reveals the Golden Legacy of the Mongolian Kings

[Editor’s Note: This article is courtesy of the Cultural Links magazine. Mother Tynnetta’s interview and visit with Dr. Perev Davaanyam, featuring 29th Generation Descendant of Genghis Khan took place in 2003 in Ulaanbaatar at the office of the World Academy of Chingges Khaan.]